Quote by Preet Bharara

Significant officials at publicly traded companies are casually and cavalierly engaged in insider trading. Because insider trading has as one of its elements communication, it doesn't take rocket science to realize it's nice to have the communication on tape.

Significant officials at publicly traded companies are casua

Summary

This quote suggests that high-ranking individuals in publicly traded companies are involved in insider trading in a careless and lighthearted manner. The speaker highlights the relevance of communication in insider trading, implying that recording these conversations could be helpful. By having evidence of these conversations, it becomes easier to prove that illegal activities like insider trading have taken place within the company. The quote implies that such activities are not complex to understand, emphasizing the importance of recording communication as a means of deterring and exposing insider trading.

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By Preet Bharara

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